Currency
Plural Name
Currencies
A system of money in general use in a particular country.
Experts - People
Alex Gurevich
Amelia Bourdeau
Ashraf Laidi
Asoka Woehrmann
Axel Merk
Bob Savage
Bob Treue
Brent Donnelly
Brent Johnson
Bruce Kovner
Carley Garner
Carlos Asilis
Catherine Coley
Christophe Ollari
Dave Matias
Douglas Borthwick
Eric Peters
Erik Conley
Francesca Taylor
Francis Hunt
Giovanni Pozzi
Greg Diamond
Greg Weldon
Ian Bezek
James Aitken
James Helliwell
Jarrod Wilcox
Jesse Powell
Jim Martens
John Butler
John Floyd
Keith Dicker
Konstantin Boehmer
Louis Bacon
Mahmood Noorani
Maleeha Bengali
Marc Chandler
Marcin Liberadzki
Meb Faber
Michael Covel
Moorad Choudhry
Murray Gunn
Neil Azous
Roger Montgomery
Stephen Bigalow
Steve Hanke
Steven Goldstein
Steven Mnuchin
Tariq Dennison
Tom Denham
Tony Carrion
Udayan Mitra
Vincent Deluard
- The currency markets tend to note changes in the global financial system before other asset classes
- This is because currencies are the largest, most-trade and most liquid markets
- Currencies rarely have extreme gains or losses because they are all relative (they trade in ranges)
- Currencies are priced against each other
- Except for hyperinflation, they rarely go to zero
- It is also rare for them to make huge gains
- Countries can attempt to maniuplate their currencies for gain:
- Lower currency values can help increase exports (they are cheaper) and decrease imports
- Lower currency values can help generate inflation
- VS. strong currencies which help drive deflation (imports cheapen)
- The political party in power may want a cheaper currency in order to boost the economy (and their prospects of staying in office)